SEC Form 4

FORM 4		UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940	OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5
	Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person* Kohen Ran Roland (Last) (First) (Middle) C/O SAFETY QUICK LIGHTING & FANS CORP. 4400 NORTH POINT PARKWAY, SUITE 154 (Street) ALPHARETTA GA 30022 (City) (State) (Zip)	2. Issuer Name and Ticker or Trading Symbol SQL Technologies Corp. [ SQFL ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) X Director X 10% Owner X Officer (give title below) Other (specify below) Executive Chairman
	3. Date of Earliest Transaction (Month/Day/Year) 11/15/2015
	4. If Amendment, Date of Original Filed (Month/Day/Year)	6. Individual or Joint/Group Filing (Check Applicable Line) X Form filed by One Reporting Person Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock, no par value	09/01/2016		A		1,140,000(1)	A	(1)	9,143,969	I	By KRNB Holdings LLC(2)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Options(3)	$3	09/01/2016		A		1,500,000		(3)	(3)	Common Stock, no par value	1,500,000	(3)	1,500,000	I	By KRNB Holdings LLC(2)
Options(3)	$4	09/01/2016		A		1,500,000		(3)	(3)	Common Stock, no par value	1,500,000	(3)	1,500,000	I	By KRNB Holdings LLC(2)
Options(3)	$5	09/01/2016		A		1,000,000		(3)	(3)	Common Stock, no par value	1,000,000	(3)	1,000,000	I	By KRNB Holdings LLC(2)
Options(4)	$0.6	11/15/2015		A		1,000,000		11/15/2015	11/15/2025	Common Stock, no par value	1,000,000	(4)	1,000,000	I	By KRNB Holdings LLC(2)

Explanation of Responses:

1. Pursuant to the Chairman Agreement between the Company and Mr. Kohen, dated September 1, 2016, and disclosed on the Company's Form 8-K filed on November 8, 2016, Mr. Kohen was granted 1,140,000 unvested shares of the Company's common stock. The shares shall vest as follows: (i) 1,020,000 shares on January 1, 2019 and (ii) 120,000 shares on January 1, 2020.

2. The shares of common stock and options reported herein are directly beneficially owned by KRNB Holidings LLC. Mr. Kohen is the manager of KRNB Holdings LLC, having sole voting power and control over the shares of common stock reported herein, and thus may be deemed to indirectly beneficially own (as that term is defined in Rule 13d-3 under the Securities Exchange Act of 1934) the shares that KRNB Holdings LLC owns.

3. Pursuant to the Chairman Agreement, Mr. Kohen was granted unvested options to purchase 4,000,000 shares of the Company's common stock. Options to purchase 500,000 shares of the Company's common stock at an exercise price of $3.00 per share will vest upon the Company reaching each of the following market capitalizations: (i) $300,000,000, (ii) $500,000,000, and (iii) $750,000,000. Options to purchase 500,000 shares of the Company's common stock at an exercise price of $4.00 per share will vest upon the Company reaching each of the following market capitalizations: (i) $1,000,000,000, (ii) $1,500,000,000, and (iii) $2,000,000,000. Options to purchase 500,000 shares of the Company's common stock at an exercise price of $5.00 per share will vest upon the Company reaching each of the following market capitalizations: (i) $2,500,000,000 and (ii) $3,000,000,000.

4. Pursuant to the Company's 2015 Stock Incentive Plan, on November 15, 2015, Mr. Kohen was awarded options to purchase up to 1,000,000 shares of the Company's stock at an exercise price of $0.60 per share, of which 400,000 vested immediately, 300,000 vested on November 15, 2016 and the remaining 300,000 will vest on November 15, 2017. The options expire 10 years from the date of grant.

	/s/ Ran Roland Kohen	03/31/2017
	** Signature of Reporting Person	Date
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